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Government intervention in the micro-economy: Modeling the interventions and measuring their effects

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  • KAPSARC King Abdullah Petroleum Studies and Research Center

    (King Abdullah Petroleum Studies and Research Center)

Abstract

The challenges of energy policy are multiplying, particularly as climate change has become a feature of the discourse around the world. There is no single policy tool that addresses all elements of the energy trilemma – securing affordable, reliable, and environmentally sustainable energy. The resulting collage of often overlapping policies may yield unexpected, and potentially undesirable, results without a proper ex-ante analysis of their interactions. Government intervention is ubiquitous in the energy landscape, including taxation, subsidization, and directly regulating market operations among others.

Suggested Citation

  • KAPSARC King Abdullah Petroleum Studies and Research Center, 2014. "Government intervention in the micro-economy: Modeling the interventions and measuring their effects," Workshop Briefs ks-1405-wb03a, King Abdullah Petroleum Studies and Research Center.
    • Handle: RePEc:prc:wbrief:ks-1405-wb03a
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    File URL: https://www.kapsarc.org/research/publications/government-intervention-in-the-micro-economy-modeling-the-interventions/
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